Exide Industries Balance Sheet Health
Financial Health criteria checks 5/6
Exide Industries has a total shareholder equity of ₹129.0B and total debt of ₹7.0B, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ₹181.5B and ₹52.5B respectively. Exide Industries's EBIT is ₹13.5B making its interest coverage ratio 11.6. It has cash and short-term investments of ₹5.9B.
Key information
5.4%
Debt to equity ratio
₹6.97b
Debt
Interest coverage ratio | 11.6x |
Cash | ₹5.89b |
Equity | ₹129.02b |
Total liabilities | ₹52.49b |
Total assets | ₹181.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500086's short term assets (₹62.5B) exceed its short term liabilities (₹44.5B).
Long Term Liabilities: 500086's short term assets (₹62.5B) exceed its long term liabilities (₹8.0B).
Debt to Equity History and Analysis
Debt Level: 500086's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 500086's debt to equity ratio has increased from 1.5% to 5.4% over the past 5 years.
Debt Coverage: 500086's debt is well covered by operating cash flow (219.7%).
Interest Coverage: 500086's interest payments on its debt are well covered by EBIT (11.6x coverage).